The answer is: "After a policy measure is implemented,it takes time to affect the economy." What is the question?
A) What is the wait-and-see lag?
B) What is the data lag?
C) What is the effectiveness lag?
D) What is the transmission lag?
E) What is the legislative lag?

Question

Quizplus · Accepted Answer

The effectiveness lag refers to the period of time it takes for a policy measure to have an impact on the economy. This can be due to delays in the implementation of the policy, or simply the fact that it takes time for changes in the economy to become apparent. The other lags listed (wait-and-see, data, transmission, and legislative) refer to different aspects of the policy-making process, but do not specifically address the delay in seeing the effects of a policy.

The Answer Is: "After a Policy Measure Is Implemented,it Takes